I did a full uninstall of rad studio update 1 then installed update 2. Everything seems to work properly, except when I exit the IDE.

When the program closes, I get an error message

Instance of Class TIDEEditorServices has dangling reference count of 1

If I launch RAD, then select files->reopen->properties->clearthen exit the program, no error occurs.

So it seems that the reopen catalog in the IDE has a problem. If I open then close a bunch of files, which will populate the the reopen menu, when I exit the program, I get the error. Clearing the list avoids the error message, but kind of defeats the purpose of having a reopen list.